TRI POINTE HOMES INC (TPH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TPH - US87265H1095 - Common Stock
32.08 USD
-0.9 (-2.73%)
32.1 USD
+0.02 (+0.06%)
TPH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 61 industry peers in the Household Durables industry. TPH has an excellent financial health rating, but there are some minor concerns on its profitability. TPH has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TPH had positive earnings in the past year.
TPH had a positive operating cash flow in the past year.
Each year in the past 5 years TPH has been profitable.
TPH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TPH has a Return On Assets (6.22%) which is in line with its industry peers.
The Return On Equity of TPH (9.39%) is comparable to the rest of the industry.
TPH has a Return On Invested Capital (6.45%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TPH is in line with the industry average of 9.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.22% | ||
| ROE | 9.39% | ||
| ROIC | 6.45% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
1.3 Margins
Looking at the Profit Margin, with a value of 8.27%, TPH is in the better half of the industry, outperforming 72.13% of the companies in the same industry.
In the last couple of years the Profit Margin of TPH has grown nicely.
TPH has a Operating Margin of 10.40%. This is in the better half of the industry: TPH outperforms 67.21% of its industry peers.
TPH's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 22.20%, TPH is doing worse than 68.85% of the companies in the same industry.
In the last couple of years the Gross Margin of TPH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.4% | ||
| PM (TTM) | 8.27% | ||
| GM | 22.2% |
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TPH is still creating some value.
TPH has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TPH has been reduced compared to 5 years ago.
Compared to 1 year ago, TPH has an improved debt to assets ratio.
2.2 Solvency
TPH has an Altman-Z score of 3.87. This indicates that TPH is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.87, TPH is doing good in the industry, outperforming 62.30% of the companies in the same industry.
TPH has a debt to FCF ratio of 4.34. This is a neutral value as TPH would need 4.34 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.34, TPH perfoms like the industry average, outperforming 57.38% of the companies in the same industry.
TPH has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.36, TPH perfoms like the industry average, outperforming 47.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 3.87 |
ROIC/WACC0.74
WACC8.7%
2.3 Liquidity
TPH has a Current Ratio of 9.02. This indicates that TPH is financially healthy and has no problem in meeting its short term obligations.
TPH has a better Current ratio (9.02) than 90.16% of its industry peers.
A Quick Ratio of 1.99 indicates that TPH should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.99, TPH belongs to the top of the industry, outperforming 85.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.02 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
TPH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.67%.
Measured over the past years, TPH shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.86% on average per year.
TPH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.60%.
The Revenue has been growing slightly by 7.82% on average over the past years.
EPS 1Y (TTM)-29.67%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.76%
Revenue 1Y (TTM)-16.6%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-25.74%
3.2 Future
Based on estimates for the next years, TPH will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.83% on average per year.
The Revenue is expected to decrease by -8.56% on average over the next years.
EPS Next Y-41.4%
EPS Next 2Y-29.44%
EPS Next 3Y-12.83%
EPS Next 5YN/A
Revenue Next Year-23%
Revenue Next 2Y-16.48%
Revenue Next 3Y-8.56%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.46, the valuation of TPH can be described as very reasonable.
68.85% of the companies in the same industry are more expensive than TPH, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of TPH to the average of the S&P500 Index (26.38), we can say TPH is valued rather cheaply.
With a Price/Forward Earnings ratio of 13.34, TPH is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TPH is on the same level as its industry peers.
TPH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 13.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TPH indicates a somewhat cheap valuation: TPH is cheaper than 63.93% of the companies listed in the same industry.
81.97% of the companies in the same industry are more expensive than TPH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.16 | ||
| EV/EBITDA | 7.66 |
4.3 Compensation for Growth
TPH has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as TPH's earnings are expected to decrease with -12.83% in the coming years.
PEG (NY)N/A
PEG (5Y)0.35
EPS Next 2Y-29.44%
EPS Next 3Y-12.83%
5. Dividend
5.1 Amount
TPH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
32.08
-0.9 (-2.73%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners104.87%
Inst Owner Change-0.01%
Ins Owners2.67%
Ins Owner Change0%
Market Cap2.76B
Revenue(TTM)3.75B
Net Income(TTM)310.14M
Analysts76.36
Price Target38.66 (20.51%)
Short Float %5.78%
Short Ratio5.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.43%
Min EPS beat(2)-0.99%
Max EPS beat(2)21.86%
EPS beat(4)3
Avg EPS beat(4)16.95%
Min EPS beat(4)-0.99%
Max EPS beat(4)41.57%
EPS beat(8)7
Avg EPS beat(8)17.34%
EPS beat(12)11
Avg EPS beat(12)22.86%
EPS beat(16)15
Avg EPS beat(16)21.18%
Revenue beat(2)2
Avg Revenue beat(2)10.4%
Min Revenue beat(2)8.24%
Max Revenue beat(2)12.55%
Revenue beat(4)3
Avg Revenue beat(4)5.09%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)12.55%
Revenue beat(8)7
Avg Revenue beat(8)5.22%
Revenue beat(12)11
Avg Revenue beat(12)9.67%
Revenue beat(16)15
Avg Revenue beat(16)8.4%
PT rev (1m)0%
PT rev (3m)-2.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.64%
EPS NY rev (1m)0%
EPS NY rev (3m)4.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 13.34 | ||
| P/S | 0.73 | ||
| P/FCF | 10.16 | ||
| P/OCF | 9.17 | ||
| P/B | 0.84 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 7.66 |
EPS(TTM)3.39
EY10.57%
EPS(NY)2.4
Fwd EY7.5%
FCF(TTM)3.16
FCFY9.84%
OCF(TTM)3.5
OCFY10.91%
SpS43.65
BVpS38.42
TBVpS36.59
PEG (NY)N/A
PEG (5Y)0.35
Graham Number54.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.22% | ||
| ROE | 9.39% | ||
| ROCE | 8.66% | ||
| ROIC | 6.45% | ||
| ROICexc | 7.82% | ||
| ROICexgc | 8.38% | ||
| OM | 10.4% | ||
| PM (TTM) | 8.27% | ||
| GM | 22.2% | ||
| FCFM | 7.23% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
ROICexc(3y)12.93%
ROICexc(5y)12.56%
ROICexgc(3y)13.88%
ROICexgc(5y)13.51%
ROCE(3y)13.7%
ROCE(5y)13.52%
ROICexgc growth 3Y-4.63%
ROICexgc growth 5Y13.56%
ROICexc growth 3Y-4.66%
ROICexc growth 5Y13.81%
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
F-Score4
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 2.8 | ||
| Cap/Depr | 98.11% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.56% | ||
| Profit Quality | 87.48% | ||
| Current Ratio | 9.02 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z | 3.87 |
F-Score4
WACC8.7%
ROIC/WACC0.74
Cap/Depr(3y)108.44%
Cap/Depr(5y)98.73%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.73%
Profit Quality(3y)88.62%
Profit Quality(5y)109.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-29.67%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.76%
EPS Next Y-41.4%
EPS Next 2Y-29.44%
EPS Next 3Y-12.83%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.6%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-25.74%
Revenue Next Year-23%
Revenue Next 2Y-16.48%
Revenue Next 3Y-8.56%
Revenue Next 5YN/A
EBIT growth 1Y-32.9%
EBIT growth 3Y-1.86%
EBIT growth 5Y15.56%
EBIT Next Year-20.32%
EBIT Next 3Y-8.94%
EBIT Next 5YN/A
FCF growth 1Y-62.61%
FCF growth 3Y19.93%
FCF growth 5Y18.68%
OCF growth 1Y-59.94%
OCF growth 3Y18.39%
OCF growth 5Y17.11%
TRI POINTE HOMES INC / TPH FAQ
What is the ChartMill fundamental rating of TRI POINTE HOMES INC (TPH) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TPH.
What is the valuation status of TRI POINTE HOMES INC (TPH) stock?
ChartMill assigns a valuation rating of 6 / 10 to TRI POINTE HOMES INC (TPH). This can be considered as Fairly Valued.
Can you provide the profitability details for TRI POINTE HOMES INC?
TRI POINTE HOMES INC (TPH) has a profitability rating of 6 / 10.
What is the valuation of TRI POINTE HOMES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TRI POINTE HOMES INC (TPH) is 9.46 and the Price/Book (PB) ratio is 0.84.